May 9, 2018 / 4:24 AM / 2 months ago

BUZZ-Shares of India's oil marketing cos slump as crude hits 3-1/2-yr high

** Shares of Bharat Petroleum Corp Ltd, Indian Oil Corp Ltd and Hindustan Petroleum Corp Ltd fall as much as 3.5 pct-5.5 pct

** Global oil prices jumped after U.S. President Donald Trump pulled out of an international nuclear deal with Iran, casting uncertainties over oil supplies

** Brent crude oil futures rose to their highest since November 2014

** HPCL, BPCL and IOC were top three pct losers on the broader NSE index Wednesday

** HPCL stock has shed 26.7 pct this year as of Tuesday’s close, highest among the oil marketers

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